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CITY OF HAMPTON ROSS A. MULLER COMMISSIONER OF THE REVENUE CHECKS PAYABLE TO TREASURER, CITY OF HAMPTON (757) 7276700 THIS RETURN MUST BE FILED BY THE 20TH OF THE MONTH FOLLOWING THE CALENDAR MONTH
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Ross A is a form used to report foreign bank and financial accounts to the Internal Revenue Service (IRS) by U.S. persons.
Any U.S. person who has a financial interest in or signature authority over foreign bank or financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file Ross A.
Ross A can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website using the BSA E-Filing system.
The purpose of Ross A is to prevent tax evasion by U.S. persons through the reporting of foreign bank and financial accounts.
The form requires information such as the name of the financial institution where the account is held, the account number, and the maximum value of the account during the reporting period.
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